Upper Town

UPP107 - 5 beds | 1 bath - Under Offer

£435,000

Price per sqm £2,900.00

Description

New to the market and exclusive to BMI.

Large family home situated in the upper town in need of complete update with great potential. The property comprises of 5 spacious bedrooms, kitchen, dining room, reception room, 2 guest cloakrooms, 1 shower room and living room, ample corridors and plenty of storage. Measures 120m2 internally. The 35m2 of external patio, internal patio (approx. 5M2) and roof terrace (approx. 20m2) (subject to planning with possibility of extension) converts this property into a gem in the upper town with great potential. Full of character and original features such as high ceilings, fireplace and wooden floorboards in all bedrooms.

Viewing is highly recommended.

About Upper Town

The historical residential quarter of Gibraltar, with land marks such as the Garrison Library, Moorish Castle and Sacred Heart Church.

This area is primarily residential with few retail outlets and is densely populated with older buildings dating back 100 plus years and accessed via typically narrow streets. It is reminiscent of old European cities – a melting pot of Gibraltar’s deep historical architectural influences of Moorish, Spanish, Italian and English culture.

As Gibraltar’s economy grows, so too does the capacity to improve, modernise and refurbish this stunning area. Recently, developers have taken an interest in what was a decaying part of town; we are now enjoying the refurbishment of the Old Police Barracks into “loft” style apartments, and other small similar style conversions.

CHARGES

Rates: £95 Per Quarter

AREAS m2

Interior Size: 120m2
Exterior Size: 60m2

FEATURES

  • Fireplace
  • Patio
  • Terrace
  • High ceilings

Terms and Lease

Ownership:
Leasehold 99 years

Average BMI Property Sales Prices for Upper Town 5 beds House

Average Price

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Disclaimer:

These sale prices are for information purposes only and may not be relied upon as a valuation or any other purpose. BMI shall not be responsible for any losses or damages caused by or in connection with the reliance or use of the figures or market information set out on our website.

NB. Whereas we have endeavoured to maintain accuracy with all the information provided, we would point out that certain average prices listed, may be somewhat weighted given the various types of particular bedroom / property types in various developments. The information is therefore provided for guidance purposes only. For further detailed information, we would kindly ask that you contact our office.

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